ABSTRACT

This chapter aims to assess current conditions in the green investment market, analyse its potential, and discuss the issue of market transparency and consumer information. The green investment market has been under development for some time and is still under development. New products are continually appearing that work according to different criteria from an environmental perspective. Hence, environmental investment funds are seeking closer contact with the management of the corporations in which they invest, which transforms them into a new and important ecological pressure group. The implementation of European Eco-management and Audit Scheme (EMAS) will remind banks and insurance companies more strongly of their duties to the ecological development of their products, because EMAS will oblige them to at least think of the product side as well. The chapter represents the outcome of an international workshop on 'Green Investment: Market Transparency and Consumer Information', held in Berlin, 7 October 1998.